Ola reportedly to purchase 1500 acres in Tamil Nadu for electric vehicle factory

  • Report states that Ola is planning to purchase 1500 acres of land in Tamil Nadu.
  • Ola CEO Bhavish Aggarwal is expected to make an announcement regarding this in the next few days.
  • The land will be used to house the company’s electric vehicles manufacturing facility, a component supplier ecosystem, and a battery cell manufacturing plant.